20th Mar 2009 16:37
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
1. Name of the issuer
Hiscox Ltd
2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(c) a disclosure made in accordance with section 793 of the Companies Act 2006 to the extent that it relates to the interests of a director or, as far as the issuer is aware, any connected person.
This is a transaction notified in accordance with DR 3.1.4 R(1)(C)
3. Name of person discharging managerial responsibilities/director
Robert Simon Childs
4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person
This notification relates to the person identified in 3 above.
5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest
This notification relates to the person identified in 3 above.
6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares
Ordinary shares of 5p each
7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them
Robert Simon Childs
8 State the nature of the transaction
Vest of options under the Performance Share Plan and subsequent sale
9. Number of shares, debentures or financial instruments relating to shares acquired
276,309 shares
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
0.07%
11. Number of shares, debentures or financial instruments relating to shares disposed
276,309 shares
12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
0.07%
13. Price per share or value of transaction
290.76 pence
14. Date and place of transaction
20 March 2009, Bermuda
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
1,794,043 (0.48%)
16. Date issuer informed of transaction
20 March 2009
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17 Date of grant
N/A
18. Period during which or date on which it can be exercised
N/A
19. Total amount paid (if any) for grant of the option
N/A
20. Description of shares or debentures involved (class and number)
N/A
21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise
N/A
22. Total number of shares or debentures over which options held following notification
N/A
23. Any additional information
N/A
24. Name of contact and telephone number for queries
Robin Mehta +1 441 278 8300
Name and signature of duly authorised officer of issuer responsible for making notification
Robin Mehta, Company Secretary
Date of notification
20 March 2009
Related Shares:
Hiscox